XS.com Partners With Centroid to Expand Liquidity Distribution
Online trading broker XS.com announced today (Tuesday) it has partnered with technology provider Centroid Solutions to expand access to its liquidity services for retail brokers worldwide.
XS.com Teams Up with Centroid to Expand Broker Access
The deal integrates Centroid into XS.com's distribution network, allowing the technology firm's broker clients to tap into XS.com's multi-asset liquidity across Forex, metals, energy, commodities, indices and CFD shares.
The partnership fits into XS.com's broader push to extend its B2B services to more brokers globally. The company has positioned itself as a liquidity provider serving both institutional investors and retail broker networks.
"We look forward to this partnership with Centroid to deliver even greater value and satisfaction to our clients," said Wael Hammad, XS.com's chief commercial officer. "This collaboration will allow us to extend our reach to a growing number of brokers worldwide while ensuring the highest quality and standards."
Technology Integration
For Centroid, adding XS.com expands the liquidity options available through its technology platform. The firm's Bridge system already connects brokers to multiple liquidity sources and execution venues.
"We are thrilled to welcome XS.com to the Centroid ecosystem, and excited to add a recognized market leader as a liquidity provider in our growing trading community," said Cristian Vlasceanu, Centroid Solutions CEO.
The technical integration allows Centroid's broker clients to access XS.com's liquidity pool through the Bridge platform's connectivity infrastructure. Brokers can route orders through Centroid's system to tap into XS.com's pricing and execution capabilities across multiple asset classes.
This type of partnership has become common in the brokerage technology space as liquidity providers seek to expand their distribution while technology firms look to offer their clients access to more execution venues and pricing sources.